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Pakistan is the 23rd largest producer of automobiles. Its contribution to the national exchequer is nearly Rs. 50-billion (US$220 million). Pakistan's auto market is among the fastest growing in Asia. 269,792 cars were sold in 2018, but this number declined to 186,716 in 2019 due to austerity measures.
The Excise, Taxation & Narcotics Control Department is a department of Government of Punjab, Pakistan. The Excise, Taxation & Narcotics Control Department collects various taxes and duties and suggests ways and means for additional resource mobilization in the Province. [1] Various type of taxes department collects include: [2] Motor Vehicle Tax.
Motor Transfer. Victoria, c.1937 - Revenue stamps of Victoria; Motor Vehicle Fitness Certificate. Baluchistan, 2010–present - Revenue stamps of Pakistan; Islamabad, 2010–present - Revenue stamps of Pakistan; Punjab, 2010–present - Revenue stamps of Pakistan; Sindh, 2000–present - Revenue stamps of Pakistan; Motor Vehicles Tax
Vehicle registration plates of Pakistan. Vehicle registration plates of Pakistan are issued by an agency of the provincial or territorial government. Generally, the appearance of plates is frequently chosen to contain symbols, colours, or slogans associated with the issuing jurisdiction. All vehicle registration plates use the Latin alphabet.
Pakistan has a significant market for hybrid vehicles such as Honda's Vezel, Toyota's Prius, and Aqua.The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) encourage foreign investments for new automobile brands to enter the Pakistani market, while the leading manufacturers in the automobile industry in Pakistan are interested in ...
Motor Vehicles Fitness Certificate; Motor Vehicles Tax; Issues are inscribed Government of the N.W.F.P. or Government of N.W.F.P. Stamps might also exist for Route Permit but these have not yet been recorded. Punjab. Punjab's first revenue stamp issues were in 1971. Since that year, stamps have been issued annually to pay for the following:
The Income Tax Ordinance was the first law on Income Tax which was promulgated in Pakistan from 28 June 1979 by the Government of Pakistan. The Income Tax Ordinance, 2001. To update the tax laws and bring the country's tax laws into line with international standards, the Income Tax Ordinance 2001 was promulgated on 13 September 2001.
The tag is attached to the windscreen of vehicles and is automatically scanned at toll plazas on entry and exit, meanwhile debiting the calculated toll tax from a prepaid M-TAG account. [9] [10] The service has since been expanded to all motorways, except M-14 and M-8 , and is also used on Lahore Ring Road .
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